Long Term Forex Market Analysis
Providing long term forex market analysis and trading signals. Timing the forex market.
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Forex Market Analysis |
Written by ForexCycle.com |
Saturday, 16 February 2013 12:07 GMT
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USDJPY's upward movement from 77.14 extends to as high as 94.43. Further rise could be expected after a minor consolidation, and next target would be at 95.00-96.00 area.
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Forex Market Analysis |
Written by ForexCycle.com |
Saturday, 16 February 2013 12:06 GMT
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AUDUSD remains in downtrend from 1.0597, the rise from 1.0226 is likely consolidation of the downtrend. Another fall could be expected after consolidation, and next target would be at 1.0100 area.
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Forex Market Analysis |
Written by ForexCycle.com |
Saturday, 16 February 2013 12:05 GMT
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GBPUSD continues its downward movement from 1.6339, and the fall extends to as low as 1.5462. Resistance is now located at the downward trend line on daily chart, as long as the trend line resistance holds, further decline could be expected after a... |
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Forex Market Analysis |
Written by ForexCycle.com |
Saturday, 16 February 2013 12:03 GMT
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EURUSD stays above a upward trend line on daily chart, and remains in uptrend from 1.2661. As long as the trend line support holds, the fall from 1.3711 could be treated as consolidation of the uptrend.
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Forex Market Analysis |
Written by ForexCycle.com |
Saturday, 09 February 2013 14:31 GMT
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USDCAD is in downtrend from 1.0100, the rise from 0.9932 is likely correction of the downtrend. Key resistance is at 1.0100, as long as this level holds, the downtrend could be expected to resume, and another fall towards 0.9800 is still possible... |
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Forex Market Analysis |
Written by ForexCycle.com |
Saturday, 09 February 2013 14:30 GMT
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USDCHF has formed a cycle bottom at 0.9021 on daily chart. Further rally would likely be seen next week, and the target would be at the downward trend line.
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Forex Market Analysis |
Written by ForexCycle.com |
Saturday, 09 February 2013 14:29 GMT
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USDJPY's upward movement from 77.14 extends to as high as 94.05. Support is located at the upward trend line on daily chart, as long as the trend line support holds, the uptrend could be expected to continue, and next target would be at 95.00 area.
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Forex Market Analysis |
Written by ForexCycle.com |
Saturday, 09 February 2013 14:28 GMT
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AUDUSD's downward movement from 1.0597 extends to as low as 1.0254. Further decline is still possible next week, and next target would be at 1.0100 area. Resistance is at the downward trend line on daily chart, only a clear break above the trend... |
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Forex Market Analysis |
Written by ForexCycle.com |
Saturday, 09 February 2013 14:28 GMT
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GBPUSD's downward movement from 1.6339 extends to as low as 1.5630. Key resistance is at 1.5900, as long as this level holds, the downtrend could be expected to continue, and further decline to 1.5500 is still possible after consolidation.
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Forex Market Analysis |
Written by ForexCycle.com |
Saturday, 09 February 2013 14:27 GMT
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EURUSD pulled back from 1.3711, suggesting that a cycle top had been formed on daily chart. Deeper decline would likely be seen next week, and the target would be at the upward trend line.
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